Capital Group Core Balanced ETF (CGBL) Performance
CGBL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.9% since Dec 31, 2025
- 1 year
- +6.9% total return
- 3 years
- +16.3% a year
- Since first price
- +15.3% a year since 2023
CGBL trailing returns vs AGG, TLT, SPY
| Period | CGBL total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.6% | −2.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.1% | −1.7% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.8% | −0.2% | −1.5% | −3.8% | +7.8% |
| YTD | +4.9% | +3.5% | −1.0% | −3.4% | +12.3% |
| 1 year | +6.9% | +4.8% | −1.1% | −6.9% | +14.4% |
| 3 years | +57.1%+16.3%/yr | +48.2% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionSep 28, 2023 | +55.0%+15.3%/yr | +46.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CGBL vs AGG
From Sep 28, 2023: CGBL grew to $15,498, AGG to $11,471.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CGBL returns by calendar year
2 of 2 full years positive. Best 2024 (+16.6%), worst 2025 (+15.3%). 2026 is year to date.
CGBL annual returns table
| Year | CGBL | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +4.9% | −7.9% | −1.0% | −3.4% | +12.3% |
| 2025 | +15.3% | −11.7% | +7.2% | +4.3% | +17.7% |
| 2024 | +16.6% | −5.9% | +1.3% | −8.1% | +24.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CGBL largest drawdowns
Now 4.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 6, 2025 | −11.7% | Apr 8, 2025 | Jun 3, 2025 | 2 months | 4 months |
| Feb 25, 2026 | −7.9% | Mar 30, 2026 | Apr 17, 2026 | 33 days | 51 days |
| Jul 16, 2024 | −5.9% | Aug 7, 2024 | Aug 30, 2024 | 22 days | 45 days |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
CGBL risk statistics
| Statistic | 3 years |
|---|---|
| Annualized return | +16.0% |
| Volatility (annualized) | 9.3% |
| Sharpe ratio | 1.18 |
| Sortino ratio | 2.07 |
| Best month | +6.9% |
| Worst month | −5.5% |
| Best 12 months | +29.1% |
| Worst 12 months | +8.0% |
| Positive months | 75% |
| Beta vs S&P 500 | 0.69 |
| Correlation with S&P 500 | 0.92 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CGBL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 26 | +7.1% | +14.6% | +29.1% | 100% |
| 3-year (a year) | 2 | +16.0% | +16.3% | +16.6% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
CGBL performance overview
Capital Group Core Balanced ETF (CGBL) returned +6.9% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +15.3% a year, turning $10,000 into about $15,498. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −11.7%, from Feb 6, 2025 to Apr 8, 2025, and it took 56 days to get back to the old high. Volatility has been 9.3% a year.
Related: CGBL chart, CGBL holdings, CGBL dividends, CGBL bond profile. See the CGBL overview for the latest quote and fund facts.
CGBL performance FAQ
What is the CGBL return over the past year?
CGBL returned +6.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 4.8%.
How much would $10,000 invested in CGBL be worth?
$10,000 invested in CGBL at its first recorded close on September 28, 2023 would be worth about $15,498 on October 23, 2026 with distributions reinvested.
What was the worst year for CGBL?
The worst calendar year was 2025, with a total return of +15.3%. The best was 2024 at +16.6%.
What is the biggest drawdown of CGBL?
The largest peak-to-trough decline was −11.7% between February 6, 2025 and April 8, 2025. It recovered to the old high on June 3, 2025, 56 days after the bottom.
How volatile is CGBL?
Over the past 3 years CGBL had an annualized volatility of 9.3% and a Sharpe ratio of 1.18 (excess return over 1–3 month T-bills per unit of risk).